£592,771
This estimated value is based upon the latest sale price for the house of £590,000 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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20 Unit B, Western Gateway, Royal Victoria, Docklands, E16 1BS
Phone: 02080336025
| Price Paid | Date |
|---|---|
| £590,000 | 12 Aug 2022 |
| £427,500 | 25 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in August 2022 the House Price Index for GREATER LONDON was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £590,000 results in an estimated price of approximately £592,771.
| 12 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £590,000 | £2,771 | £592,771 |
The Postcode Pricing Model uses changes in average sales price within the E16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -20.328 % | £-119,935 | £470,064 |
| 3 Month Average | -6.998 % | £-41,287 | £548,712 |
| 6 Month Average | -7.947 % | £-46,886 | £543,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £610,497 | £595,000 | FLAT 21 ROSS APARTMENTS, 23 SEAGULL LANE |
| 16 Nov 2022 | £358,324 | £360,000 | FLAT 44 ROSS APARTMENTS, 23 SEAGULL LANE |
| 12 Aug 2022 | £592,772 | £590,000 | FLAT 9 ALASKA APARTMENTS, 22 WESTERN GATEWAY |
| 13 May 2022 | £590,381 | £575,000 | FLAT 6 ROSS APARTMENTS, 23 SEAGULL LANE |
| 26 Apr 2022 | £591,331 | £570,000 | FLAT 9 ROSS APARTMENTS, 23 SEAGULL LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 22 Jan 2019. Using an estimated price of £592,772 means this house is valued at £5,927 per sq meter (£550 per sq foot).
The average size of a house on WESTERN GATEWAY is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Royal Victoria | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Royal Victoria |
| Sep 2024 | Theft from the person | Under investigation | On or near Royal Victoria |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Royal Victoria |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Victoria |